Quote
Inside the band. Fees beat the cost of the stock moving.
Market closedpool read 44m agoreal print Thu 3:59 PM ET
pool $13.16−0.97%
real $13.29
$13.12$13.40
Where to quote
$13.12 to $13.40: the real price plus the usual drift each side, on this pool's tick grid (ticks -250600 to -250200).
At today's pool price that is 88% NU and 12% USDG.
Inside the band. Move the range when the real price moves, not when the pool drifts. The drift is the income.
Premium now
−0.97%
usual −1.2% to +0.9%
Reverts in
22 min
12.5 crossings a session
Stock's daily move
2.5%
the cost
Pool's daily move
3.4%
stock plus drift
The tape
since Sun 9:45 AM ET · 84 five-minute candles · studied 44m ago+2.5%+1.2%real−1.2%−2.5%
Mon, Sep 28Tue, Sep 29Wed, Sep 30Thu, Oct 1Fri, Oct 2
usual band pre and after hours market closed
Hover the tape for a reading.
Fees / day
$174
$17.4k volume × 1%
Pool size
$52.1k
122% a year, pool average
Fee yield, this band
654%
a year in range, 101× vs the pool's 19×
Cost of the stock moving
199%
a year. Fees cover 328% of it.
Volume outside hours
52%
11% while the market is closed
Before you quote
- Market closed. The real price is the last print, so part of the gap may be news the tape has not priced.